The bank of issue is the Bank of the Central African States (BEAC), which serves all the members of the UDEAC. Among the commercial banks are the Congolese Union of Banks, the International Bank of Congo, and the Congolese Commercial Bank. The state is the major shareholder in the two commercial banks. The National Development Bank of the Congo extends loans for economic development. The Congo has a 13% share in UDEAC's development bank, headquartered in Brazzaville.
The International Monetary Fund reports that in 2001, currency and demand deposits—an aggregate commonly known as M1—were equal to $324.8 million. In that same year, M2—an aggregate equal to M1 plus savings deposits, small time deposits, and money market mutual funds—was $352.0 million. The discount rate, the interest rate at which the central bank lends to financial institutions in the short term, was 6.5%.
There is no securities market in the Congo.